Panther Metals plc has received a three-year exploration permit for the Wishbone prospect at the Obonga project in northern Ontario. CLUSTER The company acquired the Obonga greenstone belt in July 2021 and has to date identified five prospective primary targets of Wishbone, Awkward, Survey, Ottertooth and Silver Rim. The new permit allows up to 39 […]
Tag: Panther Metals plc
Panther reduces shares on 64.36% approval
Panther Metals plc said it would consolidate the number of its shares following a 64.36% approval at its general meeting. A total 8,483,610 votes were in favour of the resolution while 4,698,627 were against, with no votes withheld. The company will reduce 92,822,307 existing ordinary shares of no par value on a 25 into 1 […]
Panther sells 1m shares in Australia spin-out
Panther Metals plc has sold part of its holding in its Australian spin-out Panther Metals Ltd. The sale of 1,131,446 shares for $55,615, approximately £28,935.00, is a net decrease of 5.66% in its interest. The company now holds 18,868,555 shares in Panther Metals Ltd, equivalent to 21.65% of the total outstanding issued capital. Panther’s own […]
Panther to begin Obonga graphite exploration
Panther Metals plc plans to start graphite-focused ground exploration on the Awkward and Awkward East prospect areas on the eastern side of the Obonga project, Ontario. TARGET The project covers 90% (291km2) of the district scale Obonga greenstone belt. Awkward is also prospective for nickel-copper-platinum group element bearing magmatic conduits as well as graphite. Panther […]
Panther raises £375,000 via discounted placing
Panther Metals plc raised £375,000 via a placing of 8,333,334 new ordinary shares at a discounted price of 4.5 pence per placing share in a bookbuild. USES The shares issue will represent approximately 8.2% of the company’s enlarged ordinary share capital following the placing. The placing price of 4.5p per placing share is a 12.6% […]
Panther CEO buys 150,000 shares
Panther Metals plc chief executive officer Darren Hazelwood bought 150,000 ordinary shares of no par value in the company, a price of 5.25 pence per ordinary share. The purchase for £7,875 took place on 9 May 2024. Following the transaction, Mr Hazelwood has an interest in 4,786,666 ordinary shares, representing 5.156% of the company’s existing […]